Types of Panels
Arbitrators
Arbitration is form of ADR, whereby a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties opt for a private dispute resolution procedure instead of going to court. Arbitration is a proceeding in which a dispute is resolved by an impartial adjudicator whose decision the parties to the dispute have agreed, or legislation has decreed, will be final and binding. There are limited rights of review and appeal of arbitration awards.
Mediators
Mediation is an effective way of resolving disputes without the need to go to court. It is another of the methods of alternative dispute resolution (ADR) available to parties. Mediation is essentially a negotiation facilitated by a neutral third party. It involves an independent third party – a mediator – who helps both sides come to an agreement. The Mediator uses specialised communication skills and negotiation techniques to facilitate disputing parties bridge their differences and find their own mutually acceptable solution to the dispute.
Concilliators
Conciliation is an alternative out-of-court dispute resolution instrument. Conciliation is an alternative out-of-court dispute resolution instrument. As a non binding procedure, Conciliation operates through an impartial third party, known as the conciliator, who assists the parties to a dispute in reaching a mutually agreed settlement of the dispute. Three major advantages of conciliation process are speedy settlement, economic viability and amicable resolution.
Judicial Panel
The judicial panel consists of retired judges from India and other countries who are well experienced in ADR fields. The judicial panel provides the highest level of expertise on the subject . Judicial Panel services are the most recommended ones when the quantum of claim is high and the stakes involved are too much. Experience counts and that is what this panel offers. The idea is to include highest level of experience from every sector so as to provide value with variety.
Expert Panel
The expert panel is highly recommended for parties who need specialist knowledge to go on with the ADR proceedings or where the nature of case demands domain expertise and specialised ADR knowledge. The expertise of the panel caters to your specific needs and makes sure you get the best deal out of it. This panel shall have professionals with minimun 15 years of experience.
Principal Panel
Principal Panel consists of people trained ledged to be panelists. This panel is most recommended for a low profile/low key or regular consignment cases that does not need specific experience or expertise. The special training imparted to these by helps and ensures effective dispute resolution.
Legal Experts
Legal experts are vital for ensuring that individuals, businesses, and governments operate within the bounds of the law, protecting their rights, facilitating fair transactions, and resolving disputes efficiently. Their expertise is essential in maintaining the rule of law and ensuring justice in society.
Technical Experts
In mediations and negotiations involving technical or scientific issues, where technical facts can sway the outcome, the strategic involvement of experts is vital for success. Engaging the right expert at the appropriate time can greatly support the Arbitrator or mediator. Read More..
